Chile: Remote Control Apparatus Market 2025

Remote Control Apparatus Market Size in Chile

The Chilean remote control apparatus market fell rapidly to $X in 2021, which is down by -49% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a deep reduction. Remote control apparatus consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Remote Control Apparatus Exports

Exports from Chile

In 2021, the amount of radio remote control apparatus exported from Chile surged to X tons, growing by 242% compared with the previous year's figure. Overall, exports posted a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, remote control apparatus exports soared to $X in 2021. In general, exports showed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Peru (X tons), Australia (X tons) and the United States (X kg) were the main destinations of remote control apparatus exports from Chile, with a combined 85% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of +47.7%), while the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Australia ($X) and the United States ($X) appeared to be the largest markets for remote control apparatus exported from Chile worldwide, together accounting for 85% of total exports.

Australia, with a CAGR of +56.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average remote control apparatus export price stood at $X per ton in 2021, reducing by -4.2% against the previous year. In general, export price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, remote control apparatus export price increased by +15.9% against 2014 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2020, and then fell slightly in the following year.

Average prices varied noticeably for the major external markets. In 2021, the highest price was recorded for prices to India ($X per ton) and Bolivia ($X per ton), while the average price for exports to Australia ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Remote Control Apparatus Imports

Imports into Chile

In 2021, imports of radio remote control apparatus into Chile contracted markedly to X tons, shrinking by -33.5% compared with the year before. Overall, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of 78% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, remote control apparatus imports shrank dramatically to $X in 2021. Over the period under review, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2019 when imports increased by 102%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), the United States (X tons) and Vietnam (X tons) were the main suppliers of remote control apparatus imports to Chile, together comprising 72% of total imports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +162.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Vietnam ($X) constituted the largest remote control apparatus suppliers to Chile, with a combined 72% share of total imports.

Among the main suppliers, Vietnam, with a CAGR of +156.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average remote control apparatus import price amounted to $X per ton, falling by -23.2% against the previous year. In general, the import price continues to indicate a noticeable slump. The growth pace was the most rapid in 2019 when the average import price increased by 14% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Spain ($X per ton) and Germany ($X per ton), while the price for the United States ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (-2.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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